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Evening Standard
Evening Standard
Business
Vicky Shaw

Cities drive house price growth while suburbs ‘lag behind’ after surge in demand for city living

An increase in demand for city living has seen growth outstrip the suburbs

(Picture: Shutterstock / ZGPhotography)

Cities have driven house price growth this year, leaving the suburbs lagging behind, according to research.

Since the start of the year, as people have gradually returned to the office, property prices across Britain’s cities have typically grown by 9.2 per cent, compared with 7.9 per cent growth on average in surrounding areas, Halifax said.

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